Brett Gordon | The Gordon Group

06/27/2024

Go to TheRealDebate.com to watch a 3-way debate. America deserves a 3rd choice. The USA wants and deserves more than Red or Blue perspective. We need a Purple voice. We need a 3rd perspective! TheRealDebate.com

https://x.com/RobertKennedyJr/status/1805700431727018018

05/12/2024

Brand New Week - What’s your number 1 goal this week? If you achieved that ONE THING this week would be a success?

03/18/2014

Looks like we will sustain the artificially high prices and lower inventories throughout this summer. There are just over 7000 single family residences available as of 17 Mar 14. This is twice as many as the low point last year around Jun of last year. New home builders are loving it and over pricing homes again. Politicians screwed up the market again through the Home Owner Bill of Rights (HOBR). I called this out as an issue when HOBR was in draft. People are now in their 5th,6th and 7th year of not paying the mortgage and not being foreclosed.

If you want to buy, just be aware that the value of your home will likely go down 10%-20% in 2015/2016. It is still cheaper to buy than rent, but the future of home equity is not promising in the mid term. Long term you will be OK.

It's a great time to sell.

If you have any questions, please give me a call, (702) 283-1960

Life is better for local homebuilders these days, but a recent housing forecast shows more room for rebound. Industry experts shared expectations for residential construction at the Las Vegas Housing Outlook, and if their predictions are any indication, Southern Nevada will have a relatively flat ne...

08/28/2012

Due to the national elections and federal and state legislation, the foreclosure pipelines have dwindled dramatically over the past six months. This is even more pronounced in Neveda due to a bill (AB 284) passed by the state assembly that vertually stopped the initiation of any new foreclosures since Oct 2011.

The result in Nevada and other areas of the country is an artificially low supply of houses for sale. Since banks are not foreclosing on homeowners that are far behind on their mortgage payments (some people have been living in homes for over 5 years without making a payment), homeowners also have no incentive to pursue short sales or even loan modifications. The result is shortage of inventory for sale and rising home prices.

The rise in home prices in this artificial market will likely result is a fall in home prices once the elections are over and overly restrictive legislation is modified. Once the foreclosure process gains momentum, more bank owned and short sale inventory will hit the market and prices are very likely to decline. Economic 101 supply and demand.

08/25/2012

Short Sale, Loan Mods, Foreclosures - what should I do? Many Americans are asking this question. Well the first thing to do is PLAN. When you bought your home or investment property, you did some planning. Many people are just doing a loan mod, or a short sale or they are doing nothing and eventually they are foreclosed upon.

Any of the options are first and foremost a BUSINESS decision. Although we hear bankers and politicians and the news talk about the morality of letting a house go, let's talk turkey. Businesses have always used short sales, loan mods, foreclosures and bankruptcies to deal with dire financial situations. Haven't heard of Donald Trump filing for bankrupcy or the Mortgage Bankers Association short selling their headquarters building.

Why shouldn't homeowners? They Should!!! But don't "Just Do It". Talk to an expert and develop a plan. Look at the numbers and decide on which option is best for you and your family. Determine when and how best to take action. Don't continue to throw good money after bad. Look toward your future and don't continue to pay for a past decision that has gone bad.

Call me if you are considering taking action to improve your financial situation and that of your family or may of a friend. Build up your knowledge and understand your options. NOW is the best time to take action!

08/24/2012

The banks are not your friends. They are businesses that want to get the most for their money. The government is being manipulated by banks so banks can continue do what they want to do. Most government loan modification and foreclosure prevention programs are a joke and are being used to get re-elected rather than really helping our economy.

As homeowners, you need to know what's really happening and how best to plan for you and your family. Let's talk so you can make the best decisions possible.

08/24/2012

Loan Mods, Short Sales, and Foreclosures - Facts and Fiction......Learn about the realities of todays's distressed property options. What you hear in the media is usually a political spin versus what is really happening.
1) Loan mods are great for banks, but not usually good for home owners. Want to know more ask me why
2) Short Sales with waivers deficiency judgment do not require an attorney or any upfront costs. Find out how professional Realtors can work a short sale for you.
3) Foreclosures are a very viable option if banks will not entertain a short sale. In many cases, banks will only consider a foreclosure on your home. Find out why.

I will post real unbiased information you and or those you know must understand in order to deal with properties that are upside down on their mortgages.